.06 would be great and even the thought of it encouraged a ton of action ... although I would have thought in a positive direction. and it did start that way ... up around .01 as I recall before a grinding fall. A clear possibility is that insiders or promoters with no or low cost shares used the pop to enrich themselves. Then that caused others to take profit or bail on the way down. And nothing ever happened to reverse course before the end of the trading week. Not sure of course.
In addition, I have seen enough of these pennies to know that when it sounds too good to be true (a subpenny paying 6 cents a share!), it probably is. WLOC recently had a great story (4:1 forward split just before the dump) that was only a house of cards. Not saying this is the same thing for sure but I am suspect. One thing for sure ... lot of hurdles to overcome before we ever see that .06.
These things have a way of unraveling regardless of the source.
JMO.
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